Property summary
This exceptional commercial property, located at 9960 Fairhope Ave, Fairhope, AL 36532, presents a unique investment opportunity. The 2,350 square foot building, classified as Class B, sits on two lots (PPIN: 202636 and 307992) and is situated on State Highway 181 and Fairhope Avenue/County Rd 48, ensuring high visibility and accessibility. Previously a car wash, the building offers versatile potential for repurposing into various commercial ventures, including restaurants, offices, or retail businesses. The existing layout includes two drive-thru lanes, ideal for businesses requiring this service. The asking price is $649,000, translating to $276.17 per square foot. The property is under a ground lease. Its strategic location next to a busy gas station guarantees high traffic volume. The existing car wash equipment can be removed to accommodate the new owner's specific needs. This property offers ample space for expansion or additional parking, making it an attractive investment in a thriving commercial area. The property is ready for immediate occupancy and offers significant potential for high returns.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight